data as of
Settings8H · net · $10k
Price arb /

SOPH

all SOPH markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.067%7d average−0.040%fees + slippage, in and out−$47spread needed0.473%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOPHUSDT0.0045030.0100pay 0.0050% / 4h1h 10m$1.9M$1.2M25x
ShortMEXC SOPH_USDT0.0045060.0100get 0.0050% / 4h1h 10m$1.0M$176K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$6.66
Funding while held
$0
Slippage, 4 orders
−$32.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$40.63
Spread needed to break even
0.473%
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago5.55 bp20.8 bp −$21145.4 bp −$1,454doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.22 bp4.2 bp −$419.7 bp −$197187.9 bp −$18.8K448.6 bp −$224.3K

SOPH price on every exchange

against the cheapest. Click to use as the short leg.

SOPH on 9 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate SOPH_USDT−0.044%+0.0100%4h$748K$200K25xas long as short
Bybit SOPHUSDTlong0.000%+0.0100%4h$1.9M$1.2M25x
KuCoin SOPHUSDTM0.000%+0.0100%4h$958K$45K30xas long as short
OKX SOPH-USDT-SWAP+0.022%+0.0100%4h$998K$1.6M10xas long as short
Bitget SOPHUSDT+0.044%+0.0100%4h$674K$229K25xas long as short
Hyperliquid SOPH+0.067%+0.0100%1h$539K$153K3xas long as short
MEXC SOPH_USDTshort+0.067%+0.0100%4h$1.0M$176K20x
BingX SOPH-USDT+0.067%+0.0100%4h$6.6Mas long as short
Binance SOPHUSDT+0.082%+0.0100%4h$5.5M$5.7M25xas long as short